City Guide - Shanghai

Today, encouraged by the instruction of late senior leader Deng Xiaoping, Shanghai undergoes a great change every three years in addition to achieving a change every year. With a tremendous success achieved in reform and development, this world-known metropolis has now become not only China's center of economy, finance, trade and navigation, but also an international metropolis on the western bank of the Pacific Ocean, noted for its having an intriguing, unique blend of Chinese and Western cultures. In short, Shanghai has turned itself into an open, fashionable and dynamic metropolis.

The scenic spots in Shanghai are really too many for the eye to take in. Built in different periods of time and in various architectural styles of the world, the grand complex of high-rise buildings on the either bank of the Huangpu River is reputed as "the International Fair of World Architecture". On the eastern bank of the river, there are rows upon rows of high-rise structure dominating the skyline, including the Oriental TV Tower and the 88-storey Jinmao Building. Standing on the observation deck, you will soon have a superb panorama view of Shanghai's spectacular development over the previous years. At the core part of this world-famous metropolis, there are many attractive scenic spots, such as the People's Square, the Shanghai Museum, the Municipal Exhibition Hall of Shanghai Urban Construction and Shanghai Grand Theatre.

Shanghai has a convenient transportation network leading to other parts of the country. The railways, highways, ports and airports of Shanghai connect it with different countries and regions in the world, really becoming a tie and a bridge of friendship.

Climate: Shanghai experiences all four seasons, with freezing temperatures during the winter season and a 32 degrees Celsius average high during the hottest months of July and August. Temperatures extremes of -10 degrees Celsius and 41 degrees Celsius have been recorded. Heavy rain is frequent in early summer. Spring starts in March, summer in June, autumn in September and winter in December. The weather in spring, although considered the most beautiful season, is highly variable, with frequent rain and alternating spells of warmth and cold. Summer is the peak tourist season, but is hot and oppressive, as the humidity makes it almost impossible for people not used to the environment to breathe properly. Clothes tend to get fairly wet after minutes of walking. Autumn is generally sunny and dry, and the foliage season is in November. Winters are typically grey and dreary, with little or no snowfall.

Something About Shanghai: The Shanghai Stock Exchange

The Shanghai Stock Exchange (SSE) was founded on Nov. 26th, 1990 and in operation on Dec.19th the same year. It is a membership institution directly governed by the China Securities Regulatory Commission (CSRC). The SSE bases its development on the principle of "legislation, supervision, self-regulation and standardization" to create a transparent, open, safe and efficient marketplace. The SSE endeavors to realize a variety of functions: providing marketplace and facilities for the securities trading; formulating business rules; accepting and arranging listings; organizing and monitoring securities trading; regulating members and listed companies; managing and disseminating market information.

Entering the new century, SSE is faced with great opportunities as well as challenges to further boost the market construction and regulation. Combining the cutting-edge hardware facilities, favorable policy conditions in Pudong, exemplary role of Shanghai economy, SSE is fully committed to the goal of State-owned industrial enterprises reform and developing Shanghai into an international financial center with great confidence.

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